Murray Stahl, who serves as President and Co-Portfolio Manager of RENN Fund, Inc. (RCG), recorded an insider purchase of common stock on March 11, 2026. According to InvestingPro data, Stahl acquired 1,134 shares at a price of $3.09 per share, producing a transaction value of $3,504.
The buy took place while the shares were trading near their 52-week high. The stock is currently priced at $3.02 and the company is reporting a year-to-date return of 16.73%.
Post-transaction holdings and company metrics
Following this round of purchases, Stahl directly holds 154,214 shares of RENN Fund, Inc. The company carries a market capitalization of $21.15 million. InvestingPro subscribers are noted to have access to four additional ProTips regarding RCG's financial condition and valuation.
Indirect holdings disclosed
Stahl's filing also lists a number of indirect holdings. These include:
- Spouse - 5,660 shares
- Fromex Equity Corp. - 134,868 shares
- FRMO Corp. - 320,120 shares
- Horizon Common Inc. - 362,530 shares
- Horizon Kinetics Hard Assets LLC - 11,736 shares
- Horizon Kinetics Asset Management LLC - 67,122 shares
The filing clarifies that Stahl disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.
What the filing shows
The transaction record is limited to the purchase details, the updated direct holding count, the company's current market price and year-to-date performance, the market capitalization figure, and a list of indirect holdings with the disclaimer of beneficial ownership. No additional commentary or forward-looking statements are included in the filing.
This report presents the facts disclosed in the insider filing and InvestingPro data without extrapolation.